Milan, January 25, 2012 - The Electrolytic Tinning line supplied by Tenova Strip Processing to Jiangsu Sunshine in Dajiang, China, recently went into full production. The plant will produce 250,000 mt/year of tin plate for sale on both the local and the export markets.

Düsseldorf (Germany), January 19, 2012 – Tenova Re Energy, the company part of Tenova network which specializes in engineering and construction of heat recovery systems, has signed a contract with Feralpi Siderurgica to supply an EAF iRecovery® system for its German plant Elbe Stahlwerke Feralpi GmbH, Riesa, Germany.

Milan, December 12th 2011 – Tenova, a worldwide supplier of advanced technologies and equipment
for the iron & steel and mining industries, announces today the acquisition of Bateman Engineering N.V.,
a leading equipment supplier and engineering house for the mining industry. The transaction is subject to
the approval of the antitrust authorities.

Milan, December 12, 2011 – Tenova, worldwide supplier of advanced technologies for the iron & steel and
mining industries, announces today the acquisition of Nova Analytical Systems, a Canadian Company,
based in Hamilton, Ontario, specialized in extractive-gas analyzers and sample conditioning systems for
industrial applications.

Tenova has started up the first Consteel® EAF of South America at the new plant of Vallourec & Sumitomo Tubos do Brasil (VSB).

LOI Thermprocess – a company of the LOI Italimpianti Group – has been awarded by the Russian company ELSI
Stalkonstruktsiya a contract for engineering services and the supply of various
systems for a new galvanizing plant.
 

LOI Thermprocess – a company of the LOI Italimpianti Group – has received from the Russian steel company NLMK a contract for the supply of a new HPH®* bell-type annealing plant.

In the last decade Tenova, an Italian Group based in Milan with more than 33 companies spread over 5 continents, has experienced strong growth both internally and through Mergers & Acquisition activities. As a result of such strong growth, a decision has been made to implement a new structure, splitting the Group into two divisions: Tenova Iron & Steel and Tenova Mining & Metals.

Tenova has reached 100% equity ownership in Tenova Multiform, the Joint Venture Company within the Strip Processing Lines and Cold Rolling Mills business in India, established in 2009.

At the recent Consulting Engineers of Ontario Annual General Meeting & Awards Banquet, Tenova Goodfellow Inc. (TGI) was recipient of an Award of Excellence, receiving acclamation from Canadian Engineering peers for the installation and commissioning of their Slop Detection System (SDS) Technology on five (5) BOF vessels at (Riva Group) ILVA, Taranto, Italy.